Bank of America Portfolio holdings
Bank of America, founded in 1904 as the Bank of Italy by Amadeo Giannini to serve immigrants in San Francisco, is now one of the largest financial institutions in the world, headquartered in Charlotte, North Carolina, following its 1998 merger with NationsBank. It provides a broad spectrum of services, including consumer banking, wealth management (through its Merrill division), commercial banking, and investment banking, managing trillions in assets and serving millions of customers globally.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
IPG
Interpublic Group of Companies
IPG
|
+$801M |
| 2 |
Albemarle
ALB
|
+$629M |
| 3 |
Becton Dickinson
BDX
|
+$626M |
| 4 |
State Street Communication Services Select Sector SPDR ETF
XLC
|
+$526M |
| 5 |
Synchrony
SYF
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$4.76B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$3.1B |
| 3 |
Microsoft
MSFT
|
+$2.93B |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$2.64B |
| 5 |
NVIDIA
NVDA
|
+$1.88B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.24% |
| 2 | Financials | 6.59% |
| 3 | Healthcare | 6.56% |
| 4 | Consumer Discretionary | 5.38% |
| 5 | Industrials | 5.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TARO
5426
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $318K | ﹤0.01% |
8,376
+6,870
| +456% | +$216K |
|
5427
Fossil Group
FOSL
$329M
| $317K | ﹤0.01% |
123,494
+25,764
| +26% | +$70.8K |
|
5428
Sutro Biopharma
STRO
$340M
| $317K | ﹤0.01% |
6,819
-24,711
| -78% | -$1.23M |
|
5429
NLI Holdings
NL
$315M
| $317K | ﹤0.01% |
57,316
-1,879
| -3% | -$11.2K |
|
|
HLVX
5430
DELISTED
HilleVax
HLVX
| $316K | ﹤0.01% |
18,390
+4,650
| +34% | +$72.1K |
|
5431
Valaris Ltd Warrants
VAL.WS
$865M
| $316K | ﹤0.01% |
29,930
-5
| -0% | -$48 |
|
|
RPC
5432
Ridgepost Capital
RPC
$956M
| $316K | ﹤0.01% |
27,942
-30,684
| -52% | -$326K |
|
|
BHR
5433
Braemar Hotels & Resorts
BHR
$139M
| $315K | ﹤0.01% |
78,405
-479
| -0.6% | -$1.89K |
|
5434
Voyager Therapeutics
VYGR
$201M
| $315K | ﹤0.01% |
27,502
-20,127
| -42% | -$208K |
|
|
SILV
5435
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $314K | ﹤0.01% |
53,590
+11,350
| +27% | +$74.5K |
|
|
CBL
5436
CBL Properties
CBL
$1.8B
| $313K | ﹤0.01% |
14,218
-8,948
| -39% | -$210K |
|
5437
Nuveen Minnesota Quality Municipal Income Fund
NMS
$73.5M
| $313K | ﹤0.01% |
28,012
+26,012
| +1,301% | +$296K |
|
|
EVBN
5438
DELISTED
Evans Bancorp Inc
EVBN
| $312K | ﹤0.01% |
12,522
+4,123
| +49% | +$112K |
|
5439
Seer Inc
SEER
$115M
| $311K | ﹤0.01% |
72,936
-16,385
| -18% | -$64.1K |
|
|
LGTY
5440
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $311K | ﹤0.01% |
29,583
-13,067
| -31% | -$157K |
|
5441
Bassett Furniture
BSET
$166M
| $310K | ﹤0.01% |
20,583
| – | – |
|
|
INZY
5442
DELISTED
Inozyme Pharma
INZY
| $309K | ﹤0.01% |
55,503
+43,955
| +381% | +$260K |
|
5443
Algoma Steel
ASTL
$452M
| $308K | ﹤0.01% |
43,432
-67,971
| -61% | -$505K |
|
5444
Ituran Location and Control
ITRN
$1.06B
| $308K | ﹤0.01% |
13,177
+6,353
| +93% | +$143K |
|
5445
Arrow Financial
AROW
$727M
| $308K | ﹤0.01% |
15,727
-4,864
| -24% | -$99.6K |
|
5446
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$118M
| $307K | ﹤0.01% |
13,300
+1,004
| +8% | +$23.4K |
|
|
ARIS
5447
DELISTED
Aris Water Solutions
ARIS
| $306K | ﹤0.01% |
29,694
-10,478
| -26% | -$90.6K |
|
5448
Ring Energy
REI
$357M
| $305K | ﹤0.01% |
178,630
-68,420
| -28% | -$125K |
|
5449
Fidus Investment
FDUS
$744M
| $304K | ﹤0.01% |
15,499
+937
| +6% | +$17.8K |
|
5450
Buckle
BKE
$2.27B
| $304K | ﹤0.01% |
8,772
-87,738
| -91% | -$2.94M |
|
Similar funds
Bank of America's Q2 2023 Portfolio in Review
As of Q2 2023, Bank of America held 8,229 positions worth $954B, down 2% from $974B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Bank of America withdrew a net $74.4B in Q2 2023, closing 523 positions and reducing 4,111 holdings. Its most notable exit was Shaw Communications Inc., an estimated $512M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 12% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Bank of America opened a new position in Indivior Pharmaceuticals worth $56.8M.
- Bank of America's largest Q2 2023 buy was Indivior Pharmaceuticals: 2,386,915 shares worth $56.8M.
- Bank of America added most to Interpublic Group of Companies in Q2 2023, an estimated $801M increase.
- Bank of America's biggest Q2 2023 reduction was Apple, cutting an estimated $4.76B.
- Bank of America fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $512M.
- Bank of America's ten largest holdings make up 17% of its $954B portfolio in Q2 2023.
- Bank of America opened 475 new positions and closed 523 in Q2 2023.
- Bank of America's portfolio value fell 2% quarter-over-quarter to $954B.
Based on Bank of America's 13F filing for Q2 2023, filed 14 Aug 2023.